Welcome to The Home Equity Theft Reporter, a blog dedicated to informing the consumer public and the legal profession about Home Equity Theft issues. This blog will consist of information describing the various forms of Home Equity Theft and links to news reports & other informational sources from throughout the country about the victims of Home Equity Theft and what government authorities and others are doing about it.
Friday, June 28, 2013
Mortgage Payment Ripoffs Targeting Vulnerable Non-English Speaking Residents Seeking Gov't Aid Among Scams Allegedly Being Perpetrated By Woman Purporting To Be State-Employed Social Worker
In Seattle, Washington, KIRO-TV Channel 7 reports:
Police are warning about a woman posing as a DSHS employee to steal money from very vulnerable victims, and detectives believe there could be many more targets who have not yet come forward, possibly because of the language barrier between themselves and police.
Oanh Nguyen, 39, is a native Vietnamese speaker who allegedly targeted other Vietnamese-only speakers in [Department of Social and Health Services] offices in White Center and South Seattle, according to investigators with the King County Sheriff’s Office.
Sgt. Cindi West tells KIRO 7, “A lot of her victims do not speak English. They strictly speak Vietnamese, and they are led to believe that she is an employee of DSHS and so she gains their trust.”
Nguyen reportedly got away with more than $60,000 by getting at least six victims to deposit fraudulent checks into their accounts. Her victims, investigators say, would then give Nguyen cold hard cash.
Nguyen also allegedly promised to pay peoples’ mortgages but didn’t, resulting in at least one foreclosure, and apparently lining her own pockets with another $30,000.
Nguyen was arrested late last week and released from jail on her own recognizance. Monday, no one answered the door at Nguyen’s Beacon Hill home, a new-looking house with a view of the city.
Not only is Nguyen now banned from DSHS facilities because of the alleged thefts. She’s also under investigation for welfare fraud, because the DSHS tells KIRO 7 that Nguyen is receiving welfare benefits from the state herself. Nguyen could face felony charges of theft, forgery, identity theft and unlawful issuance of bank checks.
CBC News: Betrayal of Trust (A CBC investigation reveals how lawyers across Canada have misappropriated and mishandled clients money, to the tune of tens of millions of dollars, or sometimes even charging vulnerable people top dollar for shoddy services)
Land Contract/Contract For Deed/Rent-To-Own Rackets
The New York Times: The Housing Trap (In the wake of the housing crisis, low-income families have turned to seller financing to buy homes but these deals can be a money trap)
Beware The Fine Print: Consumers Forced To Sign Away Their Rights To Use Court System
The NY Times: Arbitration Everywhere, Stacking the Deck of Justice(Part 1 in series examining how clauses buried in tens of millions of contracts have deprived Americans of one of their most fundamental constitutional rights: their day in court)
Foreclosure Mills' Abysmal Record In Complying With New NYS Foreclosure Requirements
Justice Deceived: How Large Foreclosure Firms Subvert State Regulations Protecting Homeowners
MFY Legal Services Report On Questionable Practices By Process Servers In Debt Collection Cases
Justice Disserved: A Preliminary Analysis of the Exceptionally
Low Appearance Rate by Defendants in Lawsuits Filed in the Civil Court of the City of New York
Mortgage Mess Redux: Robo-Signers Return (A Reuters investigation finds that many banks are still employing the controversial foreclosure practices that sparked a major outcry last year)
CNN Video: As Foreclosures Mount, Florida Court Turns To 'Rocket Docket'
The Wall Street Journal: A Florida Court's 'Rocket Docket' Blasts Through Foreclosure Cases (2 Questions, 15 Seconds, 45 Days to Get Out; 'What's to Talk About?' Says a Judge)
"Produce The Note" Strategy When Dealing With Missing Promissory Notes In Foreclosure Actions
ABC Video: Fighting Against Foreclosure (Some homeowners have found a new tactic to keep the banks at bay)
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